U.S. Manufacturing
On May 6, 2013, MAPI hosted a timely webinar for senior operations and human resources executives. Many of those executives are experiencing difficulties in filling high-skilled production positions. Mike Brown, Senior Director of Talent Acquisition, Siemens North America, shared the talent...
The current state of the U.S. labor market is generating a significant conversation about the availability of skilled talent especially in light of the manufacturing renaissance underway. The creation and implementation of a sustainable pipeline of talent is integral to both human capital and...
Vice President and Chief Economist Dan Meckstroth overviews the most recent manufacturing data. The manufacturing industrial production index fell by 0.1 percent in March after increasing by a strong 0.9 percent in February. On a year-over-year basis, the index is 2.5 percent higher than in March...
The Composite Business Outlook Index was 56 in March, up from 55 in December. This quarter’s increase, while small, is the first increase since June 2010, when the index reached a record high of 81. The investment indexes and the Profit Margin Index also increased. Most of the other indexes,...
In this audiovisual presentation, Senior Economist Don Norman reviews the most recent manufacturing data. The manufacturing sector’s growth in February was fairly broad-based, with durable goods improving by 1.2 percent and nondurable goods increasing by 0.3 percent. The largest gain was in...
MAPI and The Aspen Institute developed a new econometric forecast model showing that there is ample potential for U.S. manufacturing to undergo a resurgence that by 2025 would lead to significantly more good paying manufacturing jobs, add to GDP growth, and help create the first surplus in the...
Vice President and Chief Economist Dan Meckstroth reviews the most recent manufacturing data and discusses the recent rebound in U.S. manufacturing output growth. Fortunately, 18 out of the 25 industry groups showed an increase in output in December, indicating broad gains throughout manufacturing...
“Transatlantic free trade” is back on the agenda.
The EU recently sent out feelers about being ready to open up serious negotiations on a free trade agreement with the United States. Previous attempts in 1995 and then in 2007 fizzled out early. So why is the EU putting a failed idea back on the...
The November 16 BLS release for Business Employment Dynamics sadly estimates that the number of manufacturing plants continues to decline. In the first quarter of 2012, 2.6 percent of manufacturing plants opened (8,000 plants) and 3.3 percent of manufacturing plants closed (10,000 plants).
The central theme of MAPI’s forecast for the next five years is that we believe the U.S. economy is in the midst of a transition period from sluggish growth to a longer period of moderate growth. For a smooth transition, politicians must (1) compromise and not go over the fiscal cliff, (2) raise...